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GALKA

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GALKA
Classification: Active
Status: Exploration
Type of Work: Surface
Location: Russia, Magadan region
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Property News

December 31, 2007
Polymetal reported that in May 2007 an audit of the deposit’s mineral resources based on the current level of exploration was conducted. The audit confirmed 590 koz of gold, 15.4 Moz of silver and 176 kt of zinc at the deposit. Additional exploration work from May to December 2007 led to a substantial increase in the estimate of the deposit’s resources. According to Polymetal specialists, the site’s mineral resources could increase by 1.5 to 2 times.
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